Sunday, September 15, 2013

"In Silver’s keynote, he spoke on how the volume of data does not trump the modeling of data. It is not your typical “more the merrier” situation — good data analysis requires both. The interesting part to that equation is that there is a third factor: volume + modeling + culture = good data analysis. “You need volume of data, you need high quality data, you need a culture that actually has the right incentives aligned, where you really do want to find a way to build a better product to make more money,” said Silver."